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The finance boss who helped steer Lloyds Banking Group back from the brink after the financial crisis is retiring next summer, leaving the bank searching for a replacement to guide it through the aftermath of Brexit.

Britain's biggest high street bank said that George Culmer, who joined from insurance group RSA in 2012 and played a "key role" in helping it out of the darkest chapter in its history, will leave the business next year. The lender was bailed out during the financial crisis and returned to full private ownership last year.

The 56-year-old said this morning that he would not be looking for a position elsewhere. Lloyds has already started the hunt for his replacement.